Society for Cryobiology Inc

Analysis

Society for Cryobiology Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in November 1971, 55 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society for Cryobiology Inc reported income of $327k and spending of $272k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $327k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society for Cryobiology Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Laborers of the Harvest ($327k), Davey Obrien Educational & Charitable Trust ($327k) and Ne Mo Sheltered Workshop Inc ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $110k (40% of expenses). At year end it held assets of $944k against liabilities of $441k, net assets of $503k.